Carving out elitist rules is not the right move for this country. It does nothing but drive a bigger wedge between citizens.
Down with the ruling class! We want free-market socialism! The people who work in the businesses should own the businesses!
Stay out of the market place. You people will damage the market place with your rules. You are not our parents
Financial Industry Regulatory Authority, Inc. (“FINRA”) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) proposed changes to the Private Placement Filer Form (“Filer Form”) that members complete when submitting private placement filings under FINRA Rules 5122 (Private Placements of Securities Issued by Members) or 5123 (Private Placements of Securities).
Qaulifieid investor rules are the most discriminatory thing in existence. The pompous notion of this being "for your own good" is infuriating.
Please stop these lowest common denominator type rules. They ruin the ecosystem and don't provide the intended relief and benefit.
SUGGESTED ROUTING:*
Senior ManagementInternal AuditLegal & ComplianceOperationsSystems*These are suggested departments only. Others may be appropriate for your firm.
EXECUTIVE SUMMARY
On October 14, 1992, the Securities and Exchange Commission (SEC) approved an amendment adding new Section 45 to Article III of the Rules of Fair Practice requiring members to send account
FINRA Reminds Firms of their Obligation to Report Accurately the Time of Execution for Transactions in TRACE-eligible Securities
The elevation of chosen investors, creating the “accredited investor” designation that can be achieved solely on the measure of a one's wealth or income was an egregious, unmistakable step toward oligarchy. With existing rules already in place, governmental agencies are now using a wealth/income-based designation to reserve high-risk, high-reward investment opportunities and products for
Verification of Emailed Instructions to Transmit or Withdraw Assets From Customer Accounts
